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What procedures do I need to go through after the portfolio loan is paid off?
After paying off the mortgage loan, the bank will issue the settlement procedures within 1-3 working days. With the settlement procedures, you can go to the real estate bureau, then you can complete the mortgage cancellation, and then you can go through other transfer procedures.

The following materials shall be submitted for the property transfer formalities:

1. Personal creditor's rights mortgage: cancel at the trading center with my certificate and creditor's receipt or running bill (with correct amount) and debtor's ID card (or copy of business license) that can be proved to creditors.

Second, the bank credit mortgage: individuals also apply for loans, with the information given by the bank, including (copy of the bank business license, copy of the legal person, copy of the client, proof of other rights, etc.). ) and the real estate license to the trading center for cancellation.